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HomeAsiaIndia steps up regional energy diplomacy, supplies Bangladesh with diesel

India steps up regional energy diplomacy, supplies Bangladesh with diesel

India’s move to supply Bangladesh with diesel as fuel prices soar amid the Iran war reflects its “first responder” role in the region and clout through the use of its critical commodities to deepen ties with neighbouring states.

If the fuel shortages were to persist, however, India would have to balance between its own energy demand and that of its neighbours, according to observers.

Bangladesh will be importing 45,000 tonnes of diesel from India by April, with 5,000 tonnes having been delivered so far and more arriving via the 131.5 km India-Bangladesh Friendship Pipeline, according to Indian media reports.

New Delhi’s foreign ministry spokesman Randhir Jaiswal said last Thursday that India had received a request for oil from Bangladesh.

The call came amid a looming global energy crisis, with Iran maintaining a chokehold on global crude oil supply through the Strait of Hormuz, even as it allows passage of ships from certain countries, such as India.

Apart from directly engaging with Iran’s leadership, India’s neutrality in the war has helped ensure the safe passage of its commercial vessels through the strategic waterway, according to analysts.

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